BUZZ-China's Li Auto falls on competition concern after new launch

Reuters

Jul 30, 2025

BUZZ-China's <a href="https://laohu8.com/S/LAAOF">Li Auto</a> falls on competition concern after new launch

** HK shares of Li Auto 2015 drop 11.5% to HK$106.1; set for biggest one-day pct decline since April 7

** Stock top pct loser on Hang Seng Automobile Index .HSAMI and Hang Seng Tech Index .HSTECH

** U.S.-listed stock LI.O fell 6.2% on Tuesday

** Co launches six-seat electric SUV Li i8 in 321,800-369,800 yuan ($44,855-$51,546) range

** Launch pre-emptive strike against Tesla in China as competition escalates in world's largest automotive market, SCMP reports

** Deliveries will begin on August 20

** Fitch says Chinese authorities' intervention to halt prolonged "price war" marks pivotal point for auto sector, likely to suppress near-term demand in Q3 FY25

** Citi says Li i8 priced higher than expected

($1 = 7.1741 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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set for biggest one-day pct decline since April 7</p><p>** Stock top pct loser on <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Automobile Index <span>.HSAMI</span> and <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> Tech Index <span>.HSTECH</span></p><p>** U.S.-listed stock <span>LI.O</span> fell 6.2% on Tuesday</p><p>** Co launches six-seat electric SUV Li i8 in 321,800-369,800 yuan ($44,855-$51,546) range</p><p>** Launch pre-emptive strike against <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> in China as competition escalates in world's largest automotive market, SCMP reports</p><p>** Deliveries will begin on August 20</p><p>** Fitch says Chinese authorities' intervention to halt prolonged \"price war\" marks pivotal point for auto sector, likely to suppress near-term demand in Q3 FY25</p><p>** Citi says Li i8 priced higher than expected</p><p>($1 = 7.1741 Chinese yuan renminbi)</p><p> (Reporting by Donny Kwok)</p><p> ((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1588","symbol_name":"回港中概股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250730:nL1N3TR038:1","article_id":"2555099154","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555099154","pubTimestamp":1753846524,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-China's Li Auto falls on competition concern after new launch** HK shares of Li Auto 2015 drop 11.5% to HK$106.1; 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set for biggest one-day pct decline since April 7** Stock top pct loser on Hang Seng Automobile Index .HSAMI and Hang Seng Tech Index .HSTECH** U.S.-listed stock LI.O fell 6.2% on Tuesday** Co launches six-seat electric SUV Li i8 in 321,800-369,800 yuan ($44,855-$51,546) range** Launch pre-emptive strike against Tesla in China as competition escalates in world's largest automotive market, SCMP reports** Deliveries will begin on August 20** Fitch says Chinese authorities' intervention to halt prolonged \"price war\" marks pivotal point for auto sector, likely to suppress near-term demand in Q3 FY25** Citi says Li i8 priced higher than expected($1 = 7.1741 Chinese yuan renminbi) (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}